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tv   Your World With Neil Cavuto  FOX News  March 3, 2010 4:00pm-5:00pm EST

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the air. swear to tell the truth, the whole truth. he's a friend but it's funny. >> neil: 90 minutes from now the president holding a powwow over pay as you go. maybe it should be the red room because the way the guys keep spending. one guy wants to stop it but he's not invited but he's here. welcome, i'm. >> he's getting a heap the flak. even reports of death threats. that man, kent republican senator jim bunning joins me now. >> it's been a routine week. >> right. right. you have been the butt of a lot of jokes and a lot of commentary. we have picked the more interesting comments and want to give this a peek.
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>> kentucky senator jim beening efforts to [ bleep ] the unemployment benefits. >> i bet jim bunning has somewhere warm to sleep but ice single-handedly responsible for cutting a financial lifeline for down and out americans. >> is this the most heartless thing you've seen republicans do? the lone senator who held up unemployment benefits was forced to relent. >> hear that unemployed people in the middle of one of the worst recessions in history? no 30-day extension until we balance the entire budget to jim bunning's liking. >> how did you feel about all that? >> first of all let me say that it wasn't about unemployment benefits. it was about paying for what we spend or paying for legislation. immediately after the president
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of the united states and the democratic majority in the senate pass a new pay-go bill that says specifically, neil, that we should pay for everything that we spend on the floor of the u.s. senate. it wasn't about all the nine different extenders in the bill because i have voted for them continuously. it was about when i went to the last budget committee meeting and they showed me what the projections were on the deficit, and the obama budget would add $1.5 trillion to that deficit just next year. and i looked at that and i looked at my 40 grandkids and i said, jim, it's not fair for you to pass that to your children and that to your grandkids because it's your generation
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that is spending that money. so it wasn't about unemployment benefits. it wasn't about dock fix. it wasn't about satellite television. it was about paying for what we do on the floor of the u.s. senate. >> many agreed with you on pinal but wondered why you picked a fight over the jobless benefits. they say was it was a no-win. >> no-win or not win. i had an agreement with senator reid to get an up or down -- finally when we got to the fifth day, we tried to negotiate and we got an agreement to have an up or down vote on my amendment to pay for these things. trying to get it settled once and for all. they reneged. we didn't get a up or down vote on my amendment. we got a point of order, a budget point of order, which
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obscures what happens. it never gives you a chance to vote up or down on paying for the bill. it says by the way, if which do this, there's a budget point of order. >> you mentioned point of order. harry reid could have forced -- >> there were other alternatives. >> neil: he could have been forced a vote which he had. and he could have shut you up and he didn't. do you feel -- >> he wanted to. >> do you feel he wanted to use you just for political capital? >> well sure. he wanted the issue rather than solving the problem. and he just as much as anyone else was responsible for can you get cutting off those benefits because he wouldn't use normal procedure. he wouldn't stay over the weekend. how many times times do you
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think we stayed in over the weekend last year to solve a problem that was pressing that we could have solved that and nobody would have lost one benefit. >> neil: on the pay-go rule, meaning you pay for programs and go along, on the other hand don't just on. there were exceptions, this being among them. the reason i'm told you voted against pay will have-go is the exceptions were glaring. >> that's one of the reasons. even right now on the floor of the u.s. senate we had this large extension of a bunch of extenders. and do you know that the $104 billion in this bill is a declared emergency and we're not going to pay for it? >> neil: in other words you could create exceptions on the fly. >> that's right. >> neil: going forward, the
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question is, since you were singed on this and the republicans, bob corker or jim demint largely abandoned you even though many more voted in sync with you, do you want to try getting your hand on this burner again? i mean if this comes up again, will you do it again? >> well i'm going to make sure that everybody knows i have two amendments on this bill right now that would pay for the nonpaid for emergency spending that is designated in this large extender bill. i'll probably get the same result. they'll make a point of order that this spending that i have put in to pay for the 104 billion of unpaid extensions will be out of the order. >> neil: do you get -- does it concern you in the meantime, they're trying to distance you, marginalize you, you're not running for reelection and he
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keep bringing up -- they say you're quicky and the famous elevator incident. take a peek. >> i'm quirky? >> i have to go to the floor. >> can you explain why you're holding this up? i'm sure you have -- >> excuse me! >> are you concerned about those, that lose their benefits? >> are you concerned they keep putting that back in your face? >> i didn't hear the question. >> are you concerned they keep flinging that stuff in your face? >> you mean the local and print media? >> i clue them all. >> of course now. i have had this for 30 years. and prior to that, for 22 years. so i've been dealing with those wonderful people in the media, neil, for 22 in baseball, and 30 in public service. >> meanwhile you have a powwow at the white house to which you're not invited where they're
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celebrating the signatories of pay as you go, even though they violated that last night. >> no, they violated on reid's first bill. reid only paid for a third of that job bill that he put through. two-thirds of it were unpaid for. $10 billion and 5 billion-dollar more was paid for. my unanimous consent held up 10 billion more dollars and i tried last night and unfortunately we lost, because they wouldn't give us a up or down vote and 10 billion more went to the deficit and the bill is now on the floor with 104 billion more dollars unpaid for. so just in the last three bills since we passed pay as you go, they are at about $130 billion that goes to the bottom of the
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deficit. >> neil: okay. >> the emperor has not clothes. >> i guess so. senator bunning, very good having you. >> thank you for having me. >> jim bunning. if republicans won't back funding, maybe the presidential candidate mitt romney will. he's her and his wife, ann romney as you've never heard her before. >> she's battling something no woman should have to go through in such a publicly humiliating way. i feel for her very much. >> who do you think she's talking about? we'll tell you. nature knows just how much water vegetables need. so, to turn those vegetables into campbell's condensed soup, we don't boil it down,
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>> neil: fox on top of a white house reception that goes beyond the pale, never mind they ripped jim bunning for saying pay then go. he ain't going to the shindig they're planning in the white house but guess who is. the congressman to reinstated
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the pay as you go rules. the same rules they busted and they're celebrating today. mitt romney confused in town to discus his new book. >> this pay as you go event at the white house this evening, to celebrate this pay as you go type of legislative procedure that, by all accounts, was violated yesterday on the extension of jobless benefits, what do you make of that? >> well of course a lot of people agree we should extend jobless benefits, but there are a lot us that feel we can't continue to borrow more from the chinese to do that. we have to say let's cut back. we have the tarp program which served it's usefulness. the money left should be turned back or pay for something of this nature or use the stimulus money not spent and not effective in creating jobs, use
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that for this purpose. i'm sympathetic with those that say stop borrowing more money, we're making a deeper hole. >> would you have made an exception which most senators did for jobless benefits. >> i was sympathetic with the bunning perspective. this was an opportunity to show we're willing to pull back somewhere else, either in the stimulus program or tarp and use that to help pay for the -- to entirely pay for a relatively modest program. $15 billion, relative to tarp which was almost a trillion and the stimulus, 787 billion, use those funds to extend jobless benefits. i'm not sure but the timing when it was brought up, but look, we -- we're in a very deep hole in part because we've been borrowing too much as individuals, as businesses and government is doing the same.
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>> we end up making exceptions all along the way. this is an emergency. what senator bunning is saying you can't keep putting an asterisk next to this because it's an emergency. how do you think the way he's been portrayed as a quirk, a kook. >> i watched yesterday senator jeffers of virginia saying what he was doing was immoral. wait a second, don't you consider it also immoral and perhaps even more challenging to continue to borrow from our grandkids for the problems we created for ours selves? and toboro from nations that may not be friendly when it comes time to repay. this is a moral issue to continue to spend an spend more than we're taking it. it's a real problem. that's why, whether it's senator bunning or others who say enough already. take money aside in a slush fund much tarp is no longer doing
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what it was designed today, stop the cascade of bank fallers. that it did but its now used for other purposes. >> but republicans backed away from him. >> i can't speak for them. i didn't hear their arguments. i heard senator collins say this was not raised in a timely basis. i don't know whether it was timely or not but the substance of the matter was stop spending money. take the money we've already spent and use it for effectively. >> senator scott brown you helped make a rock star. he wants to take unused stimulus money and fund a 6-month payroll tax break for those i think up to $200,000 a year, couples up $200,000 a year. what do you think of that? >> reducing taxes is a better way to stimulate job growth than long term government projects. payroll tax reduction is one way
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of encouraging businesses to make it less expensive to hire people. i'm personally more favorable inclined towards a substantial investment tax credit or perhaps going to businesses and saying any capital expenditures you make this year can be written off this year. which gives businesses a big incentive to buy cars, build buildings, buy capital equipment. that will create jobs as they buy from other enterprises. >> what did the white house just say that has governor romney fearing a double dip recession? and then, edwards sung your praises, obviously you both battle diseases, what do you think of her and what she's been through? >> you know, i -- >> ann romney like you've never heard her before, next. [ female announcer ] breathe right asks... [ woman ] could i ask you to strip on the seet?
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>> neil: is it me or does it house is bracing for a economic storm, blaming the latest bad numbers on a storm. lots of storms. mitt romney says get ready, they're getting worried. >> the administration is warned whatever the jobs report's going to be on friday. it's going to be bad. they're citing the weather. we had a lot of snow and it's going to affect the numbers. what do you make of that argument that they're bracing us for the worst and maybe as some economists scynicacynically we d be heading to a double-dip or a new recession. >> there is a no question there is a risk we will go back in another recession. throwing $787 million out of the window of the aircraft you'll have some stimulative effect but it wasn't near as effective as it could have been in holding down the level of unemployment in this country. you have millions of
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out of the work and people who decided not to look nor work because the president's stimulus program was not effective. now having spent that money, and now having spent all that money and still being in a tough spot, there are those who ti fear when the stimulus runs out and bump you get from rebuilding inventory, when it ends we'll go in another period of difficulty. i'm concerned over the short term. i'm very long concerned over about our prospects given what we've been doing. >> in your book you referred to a lot of great empires that fell by the wayside think they were fell by the wayside thinking they were all that and can of peas when they fell apart, like egypt or britain. they fall on their own arrogance. paraphrasing here, saying the same could happen to us. how do we avoid that when we continue to borrow to the degree we have, under both republican and democratic administrations? when we don't have across-the-board cuts.
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the president's non-discretionary spending cuts are only a small part of spending. if you were president would you look at cutting everything? defense, social security, medicare? all entitlements would be up for grabs? >> you have to look at something that's much bigger than the non-military discretionary portion of the budget. >> neil: but the ones i mentioned would they be included? >> 800-pound gorilla is entitlement spending. >> neil: no one touches it. >> we'll do what brookings and hair tage came together to say, you need a budget for those things and see how well the programs are working, make changes from year to year based on effectivest in of the program. >> neil: growing too fast. >> they're growing too fast. >> neil: do you tax what they spend or -- >> you have to reform them. >> neil: does it mean guys like you shouldn't get social security, wealthy individuals? >> each program can be reformed. you know in the book i describe what i'd do to social security, medicare and
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medicaid. in no cases affect the programs for people retired or near retirement, but you can get them each in balance on sustainable basis. right now there is a $60 trillion unfunded liability for the programs. they're growing like crazy. you can rein them in, with relatively modest changes if you deal with it now. in social security, it's calculating the initial benefit of higher income recipients using the c.p.i. instead of the wage index. you said i'm tapping my inner, you know, wonkishness. >> neil: a tiny adjustment that could have -- >> bear huge impact. >> neil: right. >> i saw a calculation i mention in the book which is right now our employment tax, payroll tax is 115.3%. that pays for the programs or it's supposed to. if we don't change the programs at all, sometime after the mid-21st century, that tax has to rise to 44%. that's impossible. that's before income tax, and real estate tax.
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you can't get there. >> neil: the government does have an obligation to do something. >> sure. >> neil: what i'm thinking through in this book for me is besides appreciating your inner wonk and nerd, by the way, i'm both. i love it. but you seem to be saying there are some things government can and should. do like the government when it comes to healthcare is probably the only entity that could expand healthcare to people. you're he leerily of government going too far and maybe states should have a say. i automatically thought of tea parties and how they'll retake that. you are also the same guy that defended the financial bail-out and in your book said it did in fact, referring to secretary hank paulson and president bush's effort to stave off disaster in the financial system, that it did keep our economy from total meltdown. a lot of tea partiers don't
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believe that. >> the government has a legitimate role in defending the country and managing the justice system and overseeing our schools or some portion of our schools. i agree with many in the country that government has gone way, way, way too far and rather than protecting the enterprise system and freedom, it's bothering the enterprise system and smothering the pioneering spirit that is america. that is a concern on my part. when i look at something like healthcare, i say how do we get government out of it? how do we get healthcare to work more like the market? how in something like social security can we get government to play less of a role of influencing, directing everybody's lives, taking money from one and give it to another? >> neil: when mccain comes out as he did to say about the financial rescue at the time -- again, i'm paraphrasing -- it wasn't what i thought it was. you come out and essentially
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support the intent, which was to avoid a meltdown. >> yeah. >> neil: i'm getting mixed messages. >> we have different views on that, senator mccain and i. i supported his yes vote. i think overwhelmingly senators of both parties and congressmen and woman of both parties supported tarp at the time because they believed as i did then and as i do now that had we not had an emergency effort to keep the banks of this nation from failing, you would have seen a cascade of failures across the country. >> neil: we don't know. we don't know. he's saying essentialessentiall governor, maybe he was snookered. >> i can't speak for senator mccain but i'll speaker for myself and i've been involved in the financial community for a good poes portion of my life. since the time of the energy measure i spoke to bankers and small business people across the country. there is no question in my mind we would have had potential catastrophic collapse of our system leading to massive
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unemployment. i'm talking numbers unlike anything this country has -- >> neil: if something like that happened and say you were president. something like that god fored by is happening under your watch, the notion is the institutions are too big to ignore, too many to slight, too big to fail. what would you do? >> it's not a question of worrying about i don't want to have this bank lose the employees because we want to keep all the jobs. that's not what it was about. >> neil: you were trying to say shop run on the -- >> trying to stop of a run on the financial system such that money in our wallet and safe deposit boxes is worthless. i wanted that to stop. but institutions, the people who run them and the shareholders, they should have lost everything. >> neil: what do you make of the -- i think it was virginia senator jim webb has a plan where he wants to tax the bonuses of managers of banks. at 50%. what do you make of that? >> that's trying to make up
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for having made a very poor process to try and stabilize the system. look, the idea was to get these banks from collapsing. >> neil: so you wouldn't tax bonuses? >> that's the wrong way to do it. what should have been done when the government said look we're going to buy preferred stock in the institution, they should have had people around who had done deal before and made investment this turn-around situations. if that had been done they'd say look we put this money in and save the institution and tell you who stays and goes and how much you pay yourself and dividends you pay to other people besides us until we get our money back. and by the way, we'll own a lot of institution when it's over, give it to the shareholders. many this case, our taxpayers. >> neil: us. >> us. but it was very poorly handled by secretary geithner. >> neil: what is your view on some of the bankers, governor, who are getting some eye-popping bonuses? whether in stock or delayed compensation. >> it's obviously outrageous. it shows how poorly managed
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the entire tarp process was. how ineffective the leadership was in carrying it out. i can give you a list of things i hate about the way tarp was administered but i can tell you when we were on a precipice unlike anything we have known before in modern history with the potential of a complete collapse of our currency system and our financial system, had we not taken action, you could have seen a real devastation. >> neil: you are one of the few of the not to tenial group of republican -- potential group of republican candidates for 2012, even though i know you said too early to tell. i'm not going to go there, governor. >> there are a lot of potentials. i'll be in the group, i guess. >> neil: one of the few, only one with nice things to say about president bush and dick cheney. do you see it as risky to defend someone who is fairly or not is poorly regarded? >> i don't think it's ever risky to tell the truth.
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i think we have come to a point in america are truth is going to trump hope. and we have to start telling people what is really going on about the debt, the school, the energy situation. and the truth of the matter is that we as a nation, including president bush, by the way, president clinton before him, didn't understand the severity of the threat coming from al-qaeda. most of us had never heard of al-qaeda. when that understanding was brought home terribly and forcefully on 9/11, president bush said i'm declaring war on terror. with us or you're not. he went after the taliban and took down saddam hussein in iraq. regardless of his other mistakes that man made it clear he was going to defend america and it was his number one priority. he did it with every ounce of his energy. for that i respect him and think he deserves credit. >> neil: the governor will be the first one to tell you he's not the brains behind the romney operation. his wife ann is. she is not holding anything back when it comes to her own battle with multiple
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sclerosis and recent one in cancer. and someone else's battle with cancer. elizabeth edwards. she's here. and this guy is hiring. what is he seeing? [ female announcer ] last year, the u.s. used enough plastic water bottles to stretch around the earth over 190 times. each brita filter can take up to 300 of those bottles out of the equation.
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but we're also in the showing-kids- new-worlds business. and the startup-capital- for-barbers business. and the this-won't- hurt-a-bit business. because we don't just work here. we live here. these are our families. and our neighbors. and by changing lives we're in more than the energy business we're in the human energy business. chevron. >> neil: more bad jobs news today. brand new report showing private companies cutting 20,000 jobs last month and we're told friday's jobs
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numbers, the storms could be ugly but this guy seems to be sitting pretty. ron is hiring. looking to add 2,000 more workers at multi-billion dollar city center complex. jim murren joining us, mgm mirage ceo. you might have heard earlier mitt romney among those worried about a double-dip. we could get in trouble again. are you? >> it would hurt us. we don't see that our business is gradually starting to come back. and the convention business which is a good barometer of business activity is starting to look better in the second half of this year. and particularly in 2011. no one is declaring victory right now. it's w warfare to get people to come, the competitors being as tough as we are. it's soft but better than last year. >> neil: the president didn't help matters for you, right? he was railing against it. >> he was. >> neil: i understand he stayed at a premier property in vegas.
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>> two weeks ago. bellagio. i worked out with him. >> neil: how did you manage that? >> the secret service was around but he was cool because he let anyone come in. guests of the belagio was able to work out. he was on the treadmill and ran couple of eight-minute miles, better than i can do. he was on the elliptical. i can beat him in weights i think. >> watching tv? >> i was looking over, he was watching himself. how cool is that? [ laughter ] working out, watching tv. >> you are the news! >> you are the news! >> neil: did you get a chance to tell him that your colleagues in the casino industry and elsewhere said would you go light on vegas here? you're killing us. >> we had that talk with him, privately and publicly. >> neil: what did you say? >> isn't it hard enough? what he said and said it publicly, too he said he loves vegas. more importantly, my mother-in-law loves vegas and is there all the time. trying to get her a player's
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cub card. send her one. >> it's caused a political dust-up in your city and state. >> it has. >> neil: politicians are divided along the lines who feels this way. but he does the city enormous harm. >> it doesn't help us. i think it's the speech writers. i got a sense he making a point of something totally different and picked on las vegas. it's not right. he said he was sorry and i have to take him at his word. what happened to us is the severe recession. regardless of what the president says, we were going to get hurt in 2008 and 2009 and we did. now we're a story of coming back from the ashes of the deep recession and starting to do better. >> neil: you guys are about the same age, right? health, fitness. he had a chance to see the enormous complex you're building. >> yes. >> neil: the wrap against the complex is the rap notwithstanding you added too many rooms, too much real
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estate to an already filled, crowded market. >> we open city center last year. and we employ 10,000 americans. i don't think any company did that. we're our own stimulus package. we didn't get help from the federal government. we asked but didn't get any. we made our own luck. >> neil: do you regret expanding this much? >> i don't regret expanding. i regret building as many condominiums as we built and regret it took as long as it did to build. what i don't regret is doing it. it's working. more people are coming to las vegas. we'll have 38 million people come this year. >> neil: you think the tide is turning? you see business getting better. >> the tide has turned. we're getting better right now and we're going to employ more people as we continue to add up elements of this. people are -- we're starting to heal. las vegas is coming back. >> neil: you know you're getting it done when you work out with the president of the united states. thank you, jim.
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>> neil: all right. now to perhaps the best person to weigh in on healthcare reform, someone who has been through a lot of healthcare issues herself. mitt romney's better half. ann romney. >> okay, continuing now, clearly with the brains in this outfit and operation here. ann romney. >> i'm glad you recognize that. >> neil: right away. very good to have you. thank you for coming. >> thank you. >> neil: i was thinking about you, ann, not only because of your well publicized battle with multiple sclerosis, something i try to disclose i have m.s. as well. ann is without picking political sides been a great inspiration. to add insult to injury, literally, you battled this breast cancer.
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and we didn't know about it until after the fact. how are you feeling? >> i feel terrific. it feel great. life is wonderful. i'm just as happy as can be. my m.s. is in remission, gratefully, my cancer is behind me. i feel terrific. >> neil: if your husband decides to run for president -- you notice we never ask that question. >> good of you. >> neil: but if he does, that's a grueling tour. >> one thing about for sure i do know is we know exactly what it means. there will be no surprises. no expectations of, you know, what will it be like. we know what it really means. >> neil: it's physically tiring -- >> yes. >> neil: whether remission or not, and now having had cancer, are you up to that? >> well, i'm up to saying go storm the castle, sweetie. >> neil: do you tell the governor, i can do this? i don't want to give away family secrets, from the last
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campaign, where there are some things i can't do this. i can't do this. >> actually, i was able to really -- i'm sure you as well know, you know you have limitations with your energy. for me if i felt really tired or overwhelmed, i was like time-out, i'm done. that would be it. >> neil: my job is easier than yours, ann. it just read a prompter. you're going sometimes five, six states in a day, right? >> not me, but mitt can do that. i do travel with him when i can. but i don't travel all the time with him. it's just too tiring for me. i think the airplane travel is the most difficult. >> neil: as the spouse and former presidential candidate, the governor, how did you deal with that, governor? in what ann could do, help you, not. do i'm sure you didn't want to overwhelm her. did you treat her differently or what? >> ann was such a partner in
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the effort i had running for president. i don't know that there was any other spouse in the presidential arefa who put as much interest in it and did as many appearances, bus tours, home meetings, speeches as ann. >> i had fun. i must say, it's a wonderful experience to seriously see the country in a very different perspective. to meet people all across the country. every region of the nation. you meet enormous -- great friends. a mrusz in the long run. difficult going through it but when you look back and perspective and the appreciation you have for people who put their lives on the line, i think we forget sometimes how difficult it is for all of us, republican or democrat, how difficult this process is. >> neil: so there is a common bond, right? elizabeth edwards sung your praises. you both battled diseases and she's been through more since then. what do you think of her and what she has been through? >> i feel for her in a great
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way. she is battling something that's very difficult. her cancer is not going to be going away and she knows that. she's also battling that no woman should have to go through in such a publicly humiliating way. i feel for her very much. >> neil: have you ever talked to her? >> i do. yes. >> neil: you can't reveal those conversations? >> no, i don't think so. she is going through her private battling and doing it with dignity. >> neil: the reason i mention, you were with my friend and colleague gretchen carlson not long ago you talked about being on the campaign trail with your husband. you said sometimes you want to come out and just go at them. that is the human response you want to give and yet you don't. you learn to take a deep breath. what and who were you talking about? >> neil >> not this show. >> not neil. >> neil: people can be unkind. they can be mean. >> the thing you have to recognize the whole thing is
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a game. there is sides. there is this side and that side. red side and blue side. the blue side is trying to make the red side look bad and it doesn't matter how they go at you or what they do or even if it's untruthful. it's a nasty game. >> neil: well, they do have a gotcha moment. one thing you dealt with, not only with your son josh, you know, you write about in the book he was in england. you feared that he might have something wrong with his col colon. you feared colon cancer. delay in getting him the test and you get him to the united states and quickly looked at. the immediate reaction is look, their son josh gets quick care, ann romney god bless her for all she is dealing with, but she is getting the best care because of who she is, who josh is. >> there is no question about that being an american you get the best care in the world. america has the best healthcare system -- >> neil: their rat is going
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to be governor romney america. >> we have blue cross blue shield, our carrier. we get good healthcare because of our coverage. i thought it was important to make sure the citizens of the state where i was governor had insurance instead of showing up at the emergency room getting free care there. but let's not forget, americans have good healthcare. we do that in a way that i think virtually every other nation in the world respects and wishes they could have in their country. >> neil: is josh okay? >> fine. >> neil: what was the deal? stomach problems? >> his doctor, he was in england serving our church on a two-year mission and his doctor thought he might have colon cancer and said we need to have you seen for an mri and josh said let's do it right away and they said it will be six weeks. in colon cancer -- >> neil: by that time you could be dead. >> life or death in the long-term effect or ability to diagnose and treat. we were part of a group here
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in massachusetts that made contact in great britain to get a private doctor and go to a doctor there to determine he was fine and he wouldn't need surgery or cancer treatment. just having america as your home in healthcare is extraordinary advantage and blessing. >> neil: tomorrow, mitt and ann romney on hillary clinton. but first, did a senator just say he wants to ban all japanese cars in america? we'll get the real skinny, talking to him next.
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>> neil: so ban all japanese cars over the massive recalls? report the senator mike johan suggested it.
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he's here to set the record straight. what is true, senator? >> what i said to them is look, you banned our beef for many, many years now. or restricted it for no basis, no threat to human health, now you're shipping parts or cars, probably better to put it as parts, showing defect problems that literally endangered people and cost people their life. what would you think if we just all of a sudden said hey, wait a second. enough is enough. we're going to close our borders to the defective products? that is the point i wanted to make. >> neil: you were trying to make it in reference to the agriculture secretary where they banned all american beef during the meat scandal here. that was a valid point. but were you serious? would you contemplate preventing honda from selling cars here and nissan and so
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on? >> no, neil, and i never suggested that even in the hearing. but i did want to make the point. look, they had no more justification closing their borders to our product than we would theirs. i think american consumers are sick and tired of this thing. there has to be a golden rule in trade. treat the other like you expect to be treated. honestly, japan hasn't treated this very well. and there are other countries that fall in that accountgory a accountgory -- fall in that category also. >> neil: senator bunning earlier today say he got roughed up fairly, he says, for simply standing up for principle oswhat have pay-go should be about. do you agree? >> he made an excellent point. he really did. he was vilified by the other side. but the points, a week or so ago we vote on pay-go.
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a lot of fans saying from now on we'll pay for everything, pay for what we do. then immediately they waive pay-go. you can do it if you get a sufficient number of votes. jim bunning's point was look, this is a charade. you're passing pay-go and taking credit for boy, you'll be tough on spending and then you head out there and waive it and waive it and waive it. >> neil: you think they're hypocrites? >> well, that is your terminology. whey'd say is this: if you pass pay-go great. it'd be for it if you enforce it. >> neil: why aren't there more republicans rallying around senator bunning? >> i did. i said the same thing a week ago i'm saying now. i don't know what other republicans said but his point is a valid point. sure, these are tough issues but he was making the right point. >> neil: senator, thank you very much. >> thank you. >> neil: two big names, jerry thompson, she is here. and fred tho thompson.
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